CHANGZHOU, China, Jan. 13, 2025 /PRNewswire/ — Arctech, the world’s leading solar tracking and racking solutions provider, announced that it has signed a supply agreement with NORINCO Internationalpart of The China North Industries Corporation. Under this agreement, Arctech will provide its signature 1P single-axis solar tracking system SkyLine II for a 125 MW solar project located near Stolac, Bosnia and Herzegovina (BiH), marking an important milestone for Arctech in the European solar market.

Bosnia and Herzegovinalocated in Southeast Europereceives an average annual solar radiation of approximately 1,500 kWh/m2, offering great potential for the development of utility-scale solar projects. According to International Renewable Energy Agency (IRENA), the country is expected to have a photovoltaic power generation potential of up to 3 GW by 2030. In recent years, the local government has launched a comprehensive set of policies, with Bosnia and Herzegovina Energy Framework Strategy 2035 which is a clear target for the share of renewable energy in the national power generation mix.

Arctech started their local operations in Europe back in 2013 by establishing a local office of Madrid, Spain. To better integrate with the European community, Arctech has since established a service center, regional headquarters, and R&D center in Madrid, Spainwith a warehouse of Valencia, Spain. on November 2024the company inaugurated its new European headquarters in Madrid. Currently, Arctech has developed a comprehensive local service system covering the entire lifecycle of solar projects, providing solution design, service support, delivery assurance, and O&M services to effectively meet the local project needs and contribute to the regional energy transition.

About this collaboration, NORINCO International It is emphasized that Arctech not only provides distinctive and innovative products and technologies but also boasts a world-leading service and supply chain system. In addition, Arctech has an extensive track record of experience in many GW-scale large-scale projects around the world, which instills confidence in this partnership.